The CME's fed funds futures indicate an 87.3% probability that the Federal Open Market Committee (FOMC) will increase the federal funds rate from the current 3.50-3.75% range to 3.75-4% at the September 16, 2026 meeting. This expected rate hike appears to be largely anticipated by the bond market, as recent shifts in the yield curve suggest much of this move is already priced in. The article also notes the potential for a sustained international market rally lasting up to five years, following a two-decade period of limited gains between 2005 and 2025.
Mondelez International has opened a $22 million chocolate crumb production facility in Shah Alam, Malaysia, reducing supply-chain lead time by at least two months for a key Cadbury ingredient. This local production replaces imports from Australia and...
Silver One Resources has begun a microgravity test survey at its Phoenix Silver Project in Arizona to detect dense, high-grade native silver bodies near the surface. This follows previous drilling that found significant silver and copper but not the ...
Anthropic, valued near $1 trillion, is preparing for a potential IPO targeting a $2 trillion valuation but its CEO, Dario Amodei, advocates slowing AI development to address safety and ethical concerns. This call for a slowdown aims to balance rapid ...
The Vanguard Morningstar Mid-Cap ETF (VO) is rated Sell because it is overvalued and offers returns below the required yield. Trading at 23 times earnings and 3.37 times book value, its 5-year annualized return estimate is only 5.1%, much lower than ...
Baker Hughes reports that rising borrowing costs have not deterred investment in major energy projects, driven by strong demand for natural gas and power from AI and data center growth. CEO Lorenzo Simonelli highlights that energy demand is expected ...
